Wal-Mart "Fair" a boost for local suppliers
Ontario Supports Local Partnerships with Nation’s Fourth Largest Employer
Building new partnerships between big businesses and local manufacturers and suppliers is one of the keys to creating new jobs in Ontario.
That was the message Sandra Pupatello, Minister of International Trade and Investment, delivered at Wal-Mart Canada's 5th Annual New Supplier Fair today.
Ontario worked in partnership with Wal-Mart to help organize this year's Fair. The day-long forum at the company's Mississauga Head Office allows Ontario product manufacturers and suppliers to meet with Wal-Mart Buyers and learn about the process of doing business with Wal-Mart's 309 Canadian stores and its six Ontario SAM'S CLUB member warehouses.
Partnering with business to create jobs is part of the McGuinty government's five-point plan for a strong economy.
- Over 7,000 Canadian suppliers conducted $11 billion in business with Wal-Mart Canada in 2007.
- Wal-Mart Canada Corporation operates 309 outlets nationwide (104 located in Ontario).
- With 77,000 associates nationwide, Wal-Mart is the nation's fourth-largest employer.
- Wal-Mart is the world's largest retailer with annual sales of USD 375 billion, 2 million employees, and more than 66,000 suppliers.
“Wal-Mart Canada came to us with two initiatives. The company wanted to: 1. Bolster the local economies in which it conducts business by offering fair-trade partnerships; and, 2. Expand its "green" environmentally friendly product lines. We're always looking to do what we can to connect business opportunities like this with local businesses and manufacturers.”
“The Ontario government is doing everything possible to support business so we can have more jobs and more prosperity. Supporting the New Supplier Fair is another way we are ensuring that Ontario's manufacturers and suppliers have opportunities to succeed.”
“Wal-Mart Canada welcomes the opportunity to expand our supply chain with fair-trade partnerships that reflect the markets we serve. We're continually seeking Canadian products and suppliers of general merchandise, food and eco-friendly products.”